OGZPY - Yield-Seeking Investors Might Consider Emerging Europe
Lately it hasn't been easy out there for yield-seeking investors. Government bonds have continued to rally around the world, pushing yields to record or near-record lows. More than a few have even fallen into negative territory. In the middle of June, the amount of negative-yielding debt globally reached a record $13 trillion, with more than half of all government debt in Western Europe below zero.
Until now, this trend hasn't been seen in emerging Central and Eastern Europe ((CEE)) economies, but that's beginning to change. According to Bloomberg, all of the Czech Republic's bonds were